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Tyro to use IPO proceeds to expand into e-commerce

Payments company Tyro will use funds raised from its initial public offer to develop the e-commerce side of its business, including a planned hub for the integration of apps and payment terminals. Tyro has lodged a prospectus and is launching…

Kavanagh

The Federal Court ruled that shareholders in listed companies may be entitled to recover damages for breaches of continuous disclosure obligations, and for misleading and deceptive conduct, upon the basis of “indirect market-based causation”, thereby avoiding the need to establish…

Q&A

Q: I make salary sacrifice super contributions in addition to my employer’s compulsory contributions. I have checked with my super fund and it looks like my concessional contributions are going to be above the $25,000 cap. What happens now? A:…

Q&A

Q: From time to time I come across an investment opportunity that looks interesting but it is only open to sophisticated investors. How do I know if I am a sophisticated investor? A: The Corporations Law requires that people buying…

Q&A

Q: I am a self-funded retiree, I own my home and have a modest income from super and other investments. I have been thinking about using a reverse mortgage to give me a bit more income. In understand changes to…

Q&A

Q: This morning I opened my banking app and it asked me if I wanted to set up a PayID. Why should I do this? A: PayID is an identifier linked to your bank account to send and receive payments…

Q&A

Q: My son has been working overseas for the past few years. He has kept a house in Sydney but now he is thinking of selling it. Last year there was a lot of discussion about whether someone in his…

Q&A

Q: I read that the Reserve Bank was critical of the big banks for not making new fast payments services available to all their customers. I am a customer of one of the big banks. What is this service and…

Q&A

Q: My self-managed super fund holds a lot of shares and a lot of cash. It probably needs some diversification but I am not sure how to do that effectively. What do you suggest? A: With economic uncertainty continuing to…

Q&A

Q: I have recently bought NAB shares. In reports of the bank’s half-year results last week, I read that it is offering a dividend reinvestment plan with a 1.5 per cent discount. This seems like a good way of increasing…